Diamonds and Dogs
Sorrento Therapeutics (SRNE) claims it has a cure for the Covid-19. The tiny biotch is up over 100% as the CEO Henry Ji says the antibody drug they have can provide "100% inhibition" of Covid-19, the respiratory illness caused by the new coronavirus, according to Fox News. Mr. Ji believes their potential coronavirus treatment could hit the market well before a vaccine.
Chip stocks taking a hit. Qualcomm (QCOM) is down 5% as China is ready to put U.S. companies including Qualcomm on the "unreliable entity list," as part of countermeasures against Washington's move to block shipments of semiconductors to Huawei Technologies. Not that we have enough on our plate with the Covid-19.
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